Brent cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.

The above illustration supplies generalized information for the Brent, AL cost of living index. Compared to other cities in Alabama and cities across the country, the cost of living index in Brent, AL is 81, which is 9% lower than the Alabama average and 19% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Brent, AL are 5% lower than the average for Alabama and 8% lower than the rest of the country.

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How would you rate the cost of living in Brent?Excellent. Goods, services and housing are all very affordable.Good. Most goods and services are affordable.Poor. Everything is more expensive than I'd like.Awful. You'll have to take out a loan to live here.View resultsWrite a review to give others more information about this area.Is the cost of living increasing or decreasing in Brent?Decreasing rapidly. Costs are dropping at a rapid rate.Decreasing steadily. Costs of goods and services are declining.Increasing steadily. Prices are increasing, but at a reasonable rate.Increasing rapidly. I can barely keep up with the increasing prices.View resultsWrite a review to give others more information about this area.

Compare Brent, AL Cost of living To Other Cities

Salary Calculator

I currently make 50,000This is how much you would need to earn in Price difference in compared to

Cost of living index

Goods & Services index

Groceries index

Health care index

Housing index

Transportation index

Utilities index

The salary calculator allows you to compare how much your current salary in Brent, AL would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Brent, AL, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Brent, AL salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income

Per Year

Per Month

Max Budget (28% DTI)

Max Budget (36% DTI)

Owners

$49,099

$4,092

$1,146

$1,473

Renters

$28,846

$2,404

$673

$865

If you want to find a good determining factor for the cost of living and the general affordability of housing in Brent, AL, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Brent, AL, the median monthly income is $49,099 for those who own their own homes. Under the standard rule, that income level would allow for $1,146 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $28,846, per the median income in the area. That would allow for renters to spend up to $673 on monthly rental expenses.

Alabama Sales Tax

State

General Sales Tax

With Max Surtax

Alabama

4%

13.5%

Alabama Income Tax

State

Income Tax (Low)

Income Tax (High)

Alabama

2%

5%

When considering the overall cost of living expenses in Brent, AL, it's important to take into account the sales tax for Alabama, as well as the rate for income tax in Alabama. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Alabama is 13.5%, and the sales tax in the state of Alabama is 4%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Alabama starts from 2% and goes up to 5%.

Goods & Services

Item

Brent

National avg.

Difference

Haircut

$15.33

$16.09

4.7%

Beauty Salon

$34.18

$37.33

8.4%

Toothpaste

$3.52

$2.45

43.7%

Shampoo

$0.84

$1.00

16.0%

Movie

$10.49

$10.28

2.1%

Bowling

$5.28

$4.93

7.1%

Groceries

Item

Brent

National avg.

Difference

Ground Beef

$4.01

$3.80

5.4%

Fried Chicken

$1.26

$1.40

9.6%

Milk

$2.26

$2.01

12.4%

Potatoes

$5.16

$3.01

71.4%

Pizza

$8.49

$9.89

14.1%

Beer

$8.14

$8.90

8.6%

Health Care

Item

Brent

National avg.

Difference

Optometrist

$116.33

$102.16

13.9%

Doctor

$86.11

$108.36

20.5%

Dentist

$71.22

$92.53

23.0%

Ibuprofen

$5.96

$9.28

35.8%

Lipitor

$432.03

$425.82

1.5%

Housing

Item

Brent

National avg.

Difference

Home Price

$103,300.00

$184,700.00

44.1%

Avg. Mortgage Payment

$972.83

$1,202.44

19.1%

Apartment Rent

$449.00

$949.00

52.7%

Transportation

Item

Brent

National avg.

Difference

Gasoline

$2.01

$2.24

10.3%

Tire Balancing

$43.49

$46.29

6.1%

Utilities

Item

Brent

National avg.

Difference

All Electricity

$190.76

$165.96

14.9%

Phone

$24.33

$28.68

15.2%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.